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Report: Wolves expected to sign Jonny Castro from Atletico Madrid on Wednesday

Nuno Espirito Santo, the Wolverhampton Wanderers manager, looks on during the pre seaon friendly match between Wolverhampton Wanderers and Ajax at ...
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Premier League newcomers Wolverhampton Wanderers are reportedly nearing two new signings in Joao Moutinho and Jonny Castro.

A general view of Molineux before the Capital One Cup First Round match between Wolverhampton Wanderers and Newport County at Molineux on August 11, 2015 in Wolverhampton, England.

It has been a somewhat quiet transfer window so far for money-bags Wolves. But it seems that everything is about to kick into gear with about three weeks remaining.

Wolves are set to pull off arguably the most high profile signing in their recent history with 113-cap Portugal midfielder Joao Moutinho heading to Molineux from Monaco.

TEAMtalk, meanwhile, claim that the Premier League newcomers are now aiming to splash the cash on two more Portuguese internationals, Andre Gomes and Andre Silva. Middlesbrough’s rapid winger Adama Traore is also on their radar.

But alongside Moutinho, it seems that Wolves have another signing all-but wrapped up.

Spanish publication AS stated on Monday that the Black Country side were hoping to sign left-back Jonny Castro on loan from Atletico Madrid once he completed his £6 million move to the Wanda Metropolitano from Celta Vigo.

Spain's defender Jonathan Castro Otto 'Jonny' in action during the UEFA U-21 European Championship Group B football match Spain v Portugal in Gdynia, on June 20, 2017.

And the Express and Star has provided an update, stating that the Spain U21 international should see a temporary move to Molineux finalised as early as Wednesday.

The 5ft 5ins Jonny, who has spent his entire career at Celta Vigo until now, is a right-footed full-back. And it is understood that he is seen as competition for Barry Douglas or Matt Docherty on either flank.

He could prove to be one of their most astute signings of the summer.

Jonny Castro Otto of Celta Vigo in action with Isco of Real Madrid during the La Liga match between Celta Vigo and Real Madrid at Estadio Balaidos on October 24, 2015 in Vigo, Spain.